Core Labs (CLB +2.9%) is initiated with a Buy rating at Global Hunter on the basis of the global...

|About: Core Laboratories (CLB)|By:, SA News Editor

Core Labs (CLB +2.9%) is initiated with a Buy rating at Global Hunter on the basis of the global oil market's growing reliance on unconventional and deepwater production and CLB's status as a go-to provider of dynamic reservoir characterization. The stock isn't particularly cheap, but the firm likes its consistent track record of generating top returns on capital relative to peers.